6.2.2 Planning to achieve Asset management objectives

The intent of this clause is to ensure that the outcomes of the asset management system are coordinated with the outcomes of other management systems within the organisation.

The activities of asset management within an organisation will impact on other organisational functions.

The activities of other functions within an organisation will impact on asset management.

When planning the design, implementation, operation, support and improvement of the asset management system, organisations should include:

• processes for the integration of the achievement of asset management objectives with other relevant business functions and processes; and
• processes for the integration with other business management systems and functions and processes.

Examples of other organisation functions include:

• Human Resources
• Marketing
• Financial
• Information Systems.

The strategic asset management plan clearly identifies a process for designing, implementing and reviewing asset management objectives across each and every relevant business function.

The strategic asset management plan should clearly document the asset management objectives and the relevant functional objectives.

The strategic asset management plan should show a clear link between the asset management objectives and functional objectives.

Or similar.

The intent of this requirement is to ensure that specific actions to achieve the intended outcomes from an asset management system are identified and documented.

Asset management plans are documents that detail the necessary actions to achieve the intended outcomes from an asset.

Multiple documents may describe a plan for a specific asset by function or discipline.

A single document may describe a plan for a number of assets or functions and disciplines for assets.

An asset management plan may include details of stakeholders, internal and external factors, technical and legislative requirements, performance and other capability requirements, specific and routine actions, opportunities, costs, benefits and endorsements.

Organisations should plan for the design, implementation, operation, support and improvement of the asset management plans that support the achievement of asset management objectives.

When planning the design, implementation, operation, support and improvement of asset management plans, organisations should consider the design, implementation, operation and improvement of an asset management system that will provide asset management plans that:

• individually support and collectively achieve the asset management objectives;
• utilise the agreed decision making criteria; and
• achieve the appropriate balance of support costs, residual risk and system/asset performance.

The asset management plan should identify the balance between cost, risk and performance.

The strategic asset management plan describes the technical and financial processes to be used to identify the need for, develop the use of, and then implement and improve, asset management plans.

The strategic asset management plan describes the processes to be used to identify, analyse, synthesise and mitigate the risks associated with the development, operation and improvement of asset management plans.

The strategic asset management plan describes the data item description of the required content of an asset management plan to be used by the organisation.

Asset management plans exist.

Asset management plans are consistent with the strategic asset management plan.

Asset management plans are consistent with the objectives of asset management.

Asset management plans are consistent with the scope of the asset management system.

Or similar